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Before requesting a home tour, please contact us for a brief conversation. Whether you're looking for a home for rent or a home to purchase, we'll answer your questions, explain the showing process, and help determine whether this property is the right fit for your needs. We believe your time is valuable, and a little planning upfront helps create a smoother, more enjoyable experience for everyone.

Interested in one of our rental properties? Pre-screening is required before a showing can be scheduled. It's never about creating extra steps. It's about making sure you understand the qualification requirements, have your questions answered, and can tour the home with confidence. Our goal is for every showing to be intentional, informative, and worthwhile.

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Whether you're leasing a home or buying a home, you'll find a friendly team committed to clear communication, honest guidance, and exceptional service from your first conversation through move-in or closing day.

A quick note about Sundays: Our office is closed so our team can unplug and spend time with their families. If you already have a confirmed Sunday showing, don't worry. We'll still be available to provide property access and assist with anything you need during your scheduled tour.

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Now for the fun part. Let's find you a home you'll truly love calling your own. We can't wait to meet you!

Auralia Residential proudly helps buyers and renters throughout Raleigh, Durham, Cary, Apex, Garner, Wake Forest, Fuquay-Varina, Clayton, and communities across the Greater Triangle.

421 Pearce AVE, Wake Forest, NC 27587
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421 Pearce AVE, Wake Forest, NC 27587
421 Pearce AVE, Wake Forest, NC 27587
421 Pearce AVE, Wake Forest, NC 27587
421 Pearce AVE, Wake Forest, NC 27587
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Listed by Coldwell Banker Advantage
$ 175,000
Est. payment /mo
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Pending

421 Pearce AVE Wake Forest, NC 27587

3 Beds

2 Baths

1,482 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,482 sqft

Price per Sqft $118

Subdivision Not In A Subdivision

MLS Listing ID 10178234

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1901

Annual Tax Amount $1,656

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 1482

Property Description

Downtown Wake Forest Investment and/or Redevelopment Opportunity Offered in conjunction with 425 Pearce Avenue (MLS# 10142426) and 417 Pearce Avenue (MLS# 10142424) for a combined purchase price of $1,135,000, this exceptional investment package presents a unique opportunity in the heart of downtown Wake Forest. The offering includes three parcels totaling approximately 1.67 acres, featuring two fully leased duplexes and one tenant-occupied single-family home, providing immediate rental income with significant long-term upside. Zoned UR (Urban Residential), the properties offer outstanding redevelopment and expansion potential in one of Wake Forest's fastest-growing and most desirable locations. This single-family home fronts Pearce Avenue and is currently leased, making it an income-producing asset today with excellent potential for future redevelopment as a standalone parcel or in combination with the adjacent duplex properties. Just a few blocks from the vibrant downtown district, the property is within close proximity of local restaurants, shopping, parks, and community amenities. With strong existing cash flow, flexible Urban Residential zoning, and a premier location in downtown Wake Forest, this is a great opportunity for investors and developers seeking both immediate returns and future growth potential. There is no working heat pump or hvac system at this house. House is being sold AS-IS

Location

State NC

County Wake

Community Not In A Subdivision

Area 0.28

Zoning UR

Interior

Heating Space Heater

Cooling Window Unit(s)

Flooring Wood

Fireplace No

Exterior

Parking Features Open

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Metal

Garage No

Building

Story One

Water Public

New Construction No

Schools

Elementary Schools Wake - Heritage Elementary

Middle Schools Wake - Heritage Middle

High Schools Wake - Wake Forest High School

Others

Tax ID 184119612589000 0036997

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Doorify MLS
Tamisha Lane
Tamisha Lane

Principal Broker | Broker-in-Charge | Owner Broker License 327561Firm License C41348

+1(919) 373-3037 | tamishalane@auraliaresidential.com

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421 Pearce AVE